DAX Under Pressure Midweek - GfK Consumer Climate Index Disappoints - Commerzbank and Deutsche Bank Face Significant Declines Following Goldman Sachs Study – Okta Rises Sharply After Q2 Results and Forecast Increase!
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The DAX presents itself with slight declines even in the middle of the week. After a stable opening, the DAX came under pressure due to weaker than expected data on the GfK consumer climate index for the month of September. The reference index stood at -23.6 points, significantly below expectations (-21.5 points). Accordingly, the DAX is currently down about -0.32% at noon. Significant losses are particularly noticeable in the banking sector, where a sector study by Goldman Sachs leads to sharper declines for heavyweights like Commerzbank (-3.55%)...
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